Washington, DC- The Treasury Department and the Office of Management and Budget today released the fiscal year 2006 Financial Report of the United States Government. The Financial Report, which complements the President’s Budget to be released in February, details the U.S. government’s financial position and condition. The report also provides information about significant future obligations... 

The leaders of the Senate Appropriations Committee are calling on President Bush to back away from threats to kill funding for lawmakers’ pet projects. The pre-emptive warnings from the top Democrat and Republican on the panel are the clearest signs yet that President Bush could face a bipartisan backlash if he uses his executive authority to wipe out the more than $7 billion in earmarks. ...